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Crypto Analysis and Price Prediction: Ripple’s (XRP) Momentum Propels Uwerx (WERX) Presale as It Keeps Buzzing

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Ripple (XRP)’s recent momentum has affected its market value and generated a ripple effect. This ripple effect has also propelled other cryptocurrencies into the spotlight, especially Uwerx. It has caused Uwerx to experience a surge in interest and activity, particularly with its presale.

In this article, you shall discover the growing momentum of Ripple (XRP) and its price prediction. You will also learn more about Uwerx as it rides on its wave of excitement.

Ripple (XRP)’s Market Situation Amidst SEC Legal Charges

Ripple’s (XRP) goal is to provide liquidity and enable faster and cheaper cross-border transfers. Unfortunately, Ripple’s (XRP) goal was interrupted in 2020 when it faced legal challenges and regulatory scrutiny.

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs Inc regarding its security position. Meanwhile, investors greatly anticipated the lawsuit’s outcome, believing it would determine the future of Ripple (XRP).

However, it has been circulating that the SEC couldn’t win the lawsuit against Ripple (XRP). In March 2023, the Ripple (XRP)’s market price increased by 30%. This happened after Ripple (XRP)’s Chief Legal Officer announced that the court case would end soon.

Financial Analysts’ Predictions About Ripple (XRP)

Unfortunately, Ripple (XRP) experienced a 70% decrease in market value in 2022. However, analysts predict it can recover its previous all-time high of $3.84 since the lawsuit will likely be in favor of Ripple (XRP).

Crypto enthusiasts also say it might hit $21.84 by late 2024. If this ever happens, it will generate about a 40x profit for informed investors.

Ripple (XRP) is currently sold at 0.506486, with a market cap of $50.49B. With a 24-hour trading volume of $1,254,201,957, Ripple (XRP) may just be closer to its breakthrough than we think.

Why Uwerx (WERX)’s Presale Keeps Blooming

Uwerx is currently at Stage 5 of its presale, selling at a token price of $0.041 with a 15% bonus offer. Since Stage 1 to 4 of the Uwerx presale was completed in record time, we believe the ongoing presale will sell out soon. Hurry and buy now!

The Uwerx team allows investors to partake in liquidity lock happening before the end of the presale. The Uwerx team has locked token liquidity as voted by the community. Tokens will be sent to holders after the presale ends in a 6-week vesting period. The vesting period is organized as follows:

  • Week 1 – 8%
  • Week 2 – 10%
  • Week 3 – 14%
  • Week 4 – 18%
  • Week 5 – 22%
  • Week 6 – 28%

Interestingly, Uwerx will undergo an Airdrop test after the presale ends on the 31st of July, 2023. Meanwhile, Uwerx passed the InterFi Network and SolidProof audit, proving its authenticity and transparency. We believe Uwerx’s listing on CoinSniper also contributed to its rapid presale.

The community greatly anticipates Uniswap’s enlisting scheduled for the 1st of August, 2023. Uwerx’s renouncement will occur once it’s ready for centralized exchange listing and taxes are reduced to zero.

Is Uwerx (WERX) Only Beneficial to Investors?

Uwerx benefits a large number of the crypto community, including crypto traders and freelancers. Freelancers are only charged 1%, compared to Upwork’s 10% and Fiverr’s 20%.

Nevertheless, investors still have access to profitable deals, such as the Uwerx vault feature. This feature will allow investors to store tokens for some period while getting performance-based rewards. This reward process is similar to the staking approach.

Uwerx’s team has released its PDF version of the Alpha platform and will be transitioning to the Beta platform soon. The team assured the Uwerx community to expect more PDF content in the coming weeks! However, the released PDF contains 10-page content, including:

  • Signing Up
  • Logging In
  • Forgot Password
  • Freelancer or Client initiation
  • Initial phase of Job Creation and Talent Search
  • My activity page
  • Hiring dashboard page
  • Job creation process page(s)

Connect with Uwerx (WERX) Team and Community on Social Platforms!

We are pleased to inform you that you can share your ideas or suggestions with the Uwerx team. Kindly reach out to them via feedback@uwerx.network, as the community keeps growing.

Join the revolutionary Uwerx across social media platforms for more updates!

At present, the fifth stage of the presale presents a favorable opportunity to acquire tokens at a price of $0.05245, accompanied by an enticing 15% bonus. This situation creates a golden chance for participation. It is important to be aware, however, that the price will undergo an increase to $0.06294 on Tuesday, the 25th of February, 2023, at 18:00 UTC.

Presale:  invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network/

Digital Freedom and Footprint: The Two Big Issues of Digital Life

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In the digital age, the world has witnessed a remarkable transformation in the way we live, communicate, and express ourselves. The rise of social networking sites and Internet-enabled gadgets has opened new avenues for individuals and groups to connect, share ideas, and pursue happiness. With the ever-increasing emphasis on physical rights translating into digital rights, it becomes imperative to explore the concept of digital footprints and the implications they hold.

In this piece our analyst sheds light on the significance of our digital footprints and the need for conscious awareness of the data we leave behind in our online activities.

The Quest for Freedom

From developed nations to developing continents, individuals and groups are striving for freedom – not just in the physical realm but also in the digital world. The desire to be free from strict political control and to pursue happiness in an open atmosphere is a universal aspiration. Social, economic, and political activities on social networking sites and Internet-enabled gadgets provide a platform for people to engage and collaborate, ultimately enhancing their pursuit of happiness in all aspects of life.

The Digital Footprint Conundrum

However, the world of the internet is not as private as it may seem. As we immerse ourselves in online activities, we unknowingly create digital footprints – a trail of data that marks our interactions, interests, and behaviors on various platforms. These digital footprints are valuable to entities such as corporations, advertisers, and even foreign organizations, who seek to gain insights into our lives for various purposes.

Understanding the Power of Data

Data is the lifeblood of the digital world. Each time we share, like, or browse online, we generate valuable data points that can be harnessed for analysis. While big data has immense potential for academic research and industry, it also raises ethical questions about privacy and the responsible use of this information. As stakeholders in the digital realm, we must be mindful of the implications of our digital footprints and take proactive steps to safeguard our privacy and personal information.

Preserving Privacy in the Digital Age

Protecting one’s privacy in the digital age may seem like an uphill battle, but there are steps we can take to assert some level of control over our data:

Educate Ourselves: Awareness is the first step towards safeguarding our digital footprint. By understanding the nature and extent of the data we generate online, we can make informed decisions about our digital activities.

Utilize Privacy Settings: Most social networking platforms and Internet-enabled gadgets provide privacy settings that allow users to control who can access their information. Adjusting these settings according to personal preferences can help limit data exposure.

Minimize Data Sharing: While engaging in online activities is inevitable, being selective about the information we share can significantly reduce the size and impact of our digital footprints.

Support Data Protection Measures: Advocate for data protection laws and regulations that prioritize individuals’ privacy rights. Support organizations and initiatives working towards ensuring responsible data usage.

The pursuit of digital freedom is intertwined with the understanding and management of our digital footprints. As we traverse the virtual landscape, we must recognize the power of data and its potential implications on our lives. By being proactive and vigilant in safeguarding our privacy, we can embrace the digital age with confidence, knowing that our physical and digital rights can coexist harmoniously in an atmosphere that values individual freedoms and collective progress. Together, let us embark on this journey towards a responsible and empowered digital future.

US Justice Department to Double its Crypto Team, Global X Applies for Bitcoin ETF

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The US Justice Department announced on Friday that it plans to double the size of its cryptocurrency enforcement team, as part of its efforts to combat illicit activities involving digital assets. The department’s Cyber-Digital Task Force, which was established in 2018, will expand from 10 to 20 prosecutors, who will focus on investigating and prosecuting crimes related to cryptocurrency, such as money laundering, ransomware, tax evasion, and fraud.

According to a recent announcement, the department plans to double the size of its crypto enforcement team, which is part of the Money Laundering and Asset Recovery Section (MLARS). The crypto enforcement team was established in 2018 to focus on cases involving the use of digital assets for illicit purposes, such as ransomware attacks, dark web transactions, terrorist financing, and tax evasion.

The team works closely with other federal agencies, such as the FBI, the IRS, and the Secret Service, as well as with international partners, to investigate and prosecute complex and high-profile crypto cases. According to a report by Chainalysis, a blockchain analysis firm, the total value of cryptocurrency transactions increased by more than 600% in 2020, reaching over $1.3 trillion.

However, the report also found that the share of illicit transactions involving cryptocurrency declined from 2.1% in 2019 to 0.34% in 2020, suggesting that the majority of crypto users are law-abiding and legitimate. The department also highlighted some of the recent achievements of the crypto enforcement team, such as the seizure of more than $1 billion worth of bitcoin linked to the Silk Road dark web marketplace, the indictment of North Korean hackers for stealing and laundering over $1.3 billion in crypto and fiat currencies, and the recovery of $2.3 million in bitcoin paid as ransom to the hackers who attacked the Colonial Pipeline.

The department’s announcement was welcomed by some industry experts and advocates, who see it as a sign of the government’s commitment to fostering a safe and compliant crypto ecosystem. As Jerry Brito, executive director of Coin Center, a non-profit research and advocacy group, tweeted, “This is good news. The more resources DOJ dedicates to going after actual criminals using crypto, the less bandwidth they’ll have to pursue misguided cases against innovators building on this technology.”

The Justice Department said that it recognizes the potential benefits of cryptocurrency and blockchain technology, such as enhancing financial inclusion, efficiency, and innovation. However, it also warned that these technologies pose significant challenges for law enforcement and national security, as they can be used by criminals and terrorists to evade detection and regulation.

The department said that it will work closely with other federal agencies, such as the Treasury Department, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, as well as with international partners, to ensure a coordinated and effective response to crypto-related threats.

The department also urged the crypto industry to cooperate with law enforcement and comply with applicable laws and regulations, such as anti-money laundering and counter-terrorism financing rules. It said that it will use all available tools and resources to hold accountable those who misuse cryptocurrency for illegal purposes.

Global X has Applied for a Bitcoin ETF

Global X, a New York-based provider of exchange-traded funds (ETFs), has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin ETF. The proposed fund, named Global X Bitcoin Trust, would track the performance of the world’s largest cryptocurrency by market capitalization, using the CME CF Bitcoin Reference Rate as its benchmark index.

A Bitcoin ETF is a type of investment vehicle that allows investors to gain exposure to the price movements of Bitcoin without having to buy, store, or manage the digital asset directly. Instead, investors can buy and sell shares of the ETF on a regulated stock exchange, just like any other security. The ETF would hold Bitcoin in a custodial account and issue shares that represent a proportional interest in the underlying assets.

The benefits of a Bitcoin ETF include enhanced liquidity, lower costs, tax efficiency, and regulatory oversight. A Bitcoin ETF would also broaden the appeal of Bitcoin to institutional and retail investors who may be reluctant or unable to invest in the cryptocurrency directly due to various barriers or risks.

However, the SEC has not yet approved any Bitcoin ETF applications in the U.S., despite receiving dozens of proposals over the years. The regulator has expressed concerns about the potential for market manipulation, fraud, and lack of transparency in the Bitcoin market, as well as the adequacy of investor protection and custody arrangements. The SEC has also repeatedly delayed or rejected previous applications, citing the need for more data and analysis.

Global X is not the only firm that is currently seeking to launch a Bitcoin ETF in the U.S. Several other companies, including VanEck, WisdomTree, Fidelity, and Valkyrie, have also filed similar applications with the SEC in recent months, hoping to capitalize on the growing demand and popularity of Bitcoin among investors. The SEC has designated August 10 as the date by which it will either approve or disapprove VanEck’s application, which was filed in December 2020 and is considered to be the most advanced among the pending proposals.

The approval of a Bitcoin ETF in the U.S. would be a major milestone for the cryptocurrency industry, as it would signal the recognition and acceptance of Bitcoin as a legitimate asset class by one of the most influential financial regulators in the world. It would also likely trigger a surge in demand and price for Bitcoin, as well as spur innovation and competition in the ETF space.

University of Lagos, Unitary Schools Announce Hike in Tuition Fees

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The Nigerian Federal Government has raised the school fees for new students enrolling in Federal Government Colleges, also referred to as Federal Unity Colleges. The increased fees now amount to N100,000, a significant rise from the previous fee of N45,000.

This information was communicated through a circular issued by the Office of the Director of Senior Secondary Education Department of the Federal Ministry of Education, bearing reference number ADF/120/DSSE/I, dated May 25, 2023.

The circular was addressed to all Principals of Federal Unity Colleges, notifying them of the fee adjustment.

The circular which was entitled, “Approved fees/ charges for Federal Unity Colleges (1st Term) for new students,“ and signed by the Director of Senior Secondary Education, Hajia Binta Abdulkadir, reads: “The latest fees/charge increment will affect virtually all aspects and activities of the school, including tuition and boarding fees, uniform, textbooks, deposit, exercise books, prospectus, caution fee, ID card, stationery, clubs and societies, sports, extra lesson, insurance, et al.

“Please be informed that the ministry has approved only the under-listed fees and charges for all Unity Colleges.’’

This also comes on the heels of a similar decision by the University of Lagos to hike its tuition fees, which has put its students on the edge. The school, also known as Unilag, announced late Friday that the increment in school fees has come as a result of biting economic realities of the country.

“After careful deliberations with its stakeholders (students, parents/guardians, staff unions, alumni among others), the University of Lagos (UNILAG) Management has reviewed the obligatory fees (mandatory charges for an academic session/year) of new and returning undergraduate students of the University,” the school explained.

“The adjustment in fees which will take effect from the 1st Semester, 2023/2024 Academic Session, is in view of the prevailing economic realities and the need for the University to be able to meet its obligations to its students, staff, and municipal service providers among others.

“It is also pertinent to note that the University has not increased its obligatory fees in recent years. Management, therefore, seeks the kind understanding and support of students and other stakeholders with the assurance of its commitment towards ensuring that students get the best learning experience,” the university announced in a statement signed by management.

The school said approved charges for courses without Lab/Studio and approved charges for courses with lab/studio amount in total to N126,325 and N176,300 respectively.

The mandatory charges for one academic session/year for returning undergraduate students are as follows: Approved charges for courses without lab/studio, approved charges for courses with lab/studio and approved charges for medical students will amount in total to N100,750    N140,250 N190,250 respectively.

“Utility Charges of N20,000 is to be paid by all undergraduate students.
Convocation Fee of N30,000 is to be paid by all final-year students.
Charges for field trips where such is a mandatory requirement of the course of study will be determined as the need arises,” the school management noted.

These developments, which come weeks after President Bola Tinubu signed the education loan bill into law, have raised concerns about the affordability of education in Nigeria given the recent removal of fuel subsidy and floating of the forex market which have shot the cost of living up.

Before the students’ loan bill was signed into law, education was subsidized across all federal schools in the country. This made it possible for parents with low incomes to send their children to school.

Why Are There So Many Unoccupied Houses In Abuja?

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A detached three-bedroom apartments are pictured at Haggai Estate, Redeption Camp on Lagos Ibadan highway in Ogun State, southwest Nigeria on August, 30, 2012. The high cost of living and the massive urbanization of Lagos, the largest city and the economic capital of Nigeria, has engineered a migration of residents mostly middle class and the poor to neighbouring towns in Ogun State, both in southwest part of the country in search of cheap accommodations. Estate developers are quick in exploiting the high cost and scarcity of accommodation leading to emerging new towns, modern estates to accommodate the spillover in Lagos. AFP PHOTO/PIUS UTOMI EKPEI (Photo credit should read PIUS UTOMI EKPEI/AFP/GettyImages)

Sometimes when I drive around my estate I get amazed by the number of houses that are unoccupied. I live in a mini estate with about 500 houses altogether but 50% (if not more) of these houses have been unoccupied for years, some are occupied by just the gatekeepers who just clean around the houses while some nobody lives in it for years, grasses are already taking over the entrance gate. 

More intriguing is the fact that the owners of these unoccupied houses are not willing to rent them out to tenants or sell them out even when there are multiple persons ready to rent them or buy them from the owners at a good price.

This is actually a common thing in Abuja. It’s rare to see a street, an estate or a close within the Abuja municipality with all the houses occupied. There must be some houses that have been under lock and key for years. I’m not talking about houses that are locked up by court order or houses that are under investigation by law enforcement agencies, I mean houses that the owners relocated somewhere and abandoned, and some were since it was built nobody ever lived in it. Not that the owners are positioning it for sale, they are not willing to sell or put it out for rent. 

The irony is that there is currently a housing problem in the city centre. There is a huge demand for houses around the city centre, the demand which had exceeded the supply thereby contributing to the high price of houses in the capital city. If you have ever done house hunting in Abuja you can fully relate to how much there are no houses for the ever-increasing population of Abuja but most of these houses that the owners or the agents claimed it is not vacant have been unoccupied for years in fact most of the owners of the houses no longer reside in Nigeria and are not ready to come back soon.

There is this estate along Katampe- Maitama Expressway, by the same side of  Katampe Extension, the estate is just before AA Rano filling station (I intentionally do not want to mention the estate’s name) but if you are conversant with Abuja you will definitely know the place): if you are driving past there at night you must notice it due to the lightning coming out of the estate. That estate currently has some of the best houses in Abuja but to the best of my knowledge it’s been years after it was built and it is still unoccupied. Whenever I try to inquire about this estate and why it is unoccupied I always come to a dead end.

There are other numerous estates at life camp, airport road, Lugbe, Dawaki, Guzape, etc have been built and most if not all of the houses are not occupied for years. It is not a secret, residents of Abuja are aware of this. The reasons behind this constantly elude me, I heard that some of the estates are used to launder money, well, it’s just a rumour and I can not talk much on that until there is concrete evidence pointing me towards that direction. 

What erks me the most is that cost of houses in Abuja are getting high every day by day and there are a lot of homeless persons who have been living in hotels and serviced apartment, they have the money to pay for good apartments around the city centre but they are told there is no vacant house in those choice areas but there are a lot of unoccupied houses.

Maybe the FCT minister needs to set up a task force to investigate this or maybe someone should be kind enough to educate me and others who are curious why there are so many fully built but unoccupied houses around Abuja city centre.